The U.S. economy advanced at a 2.0% clip (revised) in Q3, significantly slower than the 3.9% growth in Q2, according to the Bureau of Economic Analysis' December release. Solid growth in consumer spending, business and residential investment, and government spending was partially offset by a... Continue Reading
Given the recent terrorist attacks, this week’s presidential debates in Las Vegas and Manchester, N.H., will undoubtedly focus on national security. That’s as it should be: Defense of the United States and its people is an explicit constitutional responsibility of the president, and America faces... Continue Reading
The willingness to compromise on politically charged issues in Washington will be critical to producing stronger economic growth and employment, Business Roundtable President Engler said in interviews from Manchester, N.H., in conjunction with the No Labels Problem Solver convention. The message... Continue Reading
The Bureau of Labor Statistics today released its employment situation summary for August, reporting total nonfarm payroll employment increased by 173,000 for the month -- below the consensus estimate of 223,000 jobs -- while the unemployment rate edged down to 5.1 percent. This "The Top Line"... Continue Reading
U.S. GDP expanded at a 2.3 percent annual rate in Q2 2015, while the Q1 GDP was revised upward from -0.2 percent to 0.6 percent, according to data released July 30 by the U.S. Department of Commerce. For more detail, see The Top Line analysis below. \ BRT.TheTopLine.GDPReport.2015Q2.... Continue Reading